TABLE II.-Title I program-Statistical table reflecting annual rents and cost factors by properties 1 Annual rental schedule is same as annual economic rent on title I housing properties, since there is no subsidy. The annual rental schedule for the commercial properties exceeds the economic rent due to the element of profit permissible on commercial properties. The total of cost factors represents the analysis of the total gross receipts now going directly to the Treasury. 3 Current operating costs include janitorial expense; utilities; actual repairs, maintenance, and replacements. The total requirements for appropriation are based upon the estimates of title I needs reflected in the tables for the fiscal year 1944 accompanying the justification submitted to the subcommittee on independent offices appropriation hearings. DEVELOPMENT COSTS, RENTALS, ETC., OF HOUSING PROPERTIES Mr. DIRKSEN. And for Item 2 the development of 550 units in the Stoddert Dwelling and Highland Dwellings. Mr. IHLDER. Yes. Mr. DIRKSEN. I wish you would set that up showing the cost of the structure and the cost of the land and equipment. Mr. IHLDER. Yes. Mr. DIRKSEN. And for item No. 3 the management of the property, including the cost of the Knox Hill project. As to each of these managed projects, the Stoddert, the Highland, and the Knox Hill properties, will you give us a statement und er that item of management cost? Mr. MANDELL. In total? Mr. DIRKSEN. Yes. Mr. MANDELL. We can supply that. Mr. DIRKSEN. And show it by months and years? Mr. MANDELL. Yes. Mr. DIRKSEN. Will you also show the rents schedule, and if there are subsidies include that in the statement? Mr. MANDELL. Yes. Mr. DIRKSEN. Can you show what the contribution is for the purpose of maintaining the economic rents, for all classes of families, and by totals for the year? Mr. IHLDER. Yes. (The information requested follows:) Percent of annual average costs to development cost TABLE VI.-Statistical table reflecting percentages of economic rent, rental schedule, subsidy, and average annual costs to total development costs 7.4 11, 418. 00 8.5 9, 456.00 6.9 5,328.00 5.6 6, 120.00 5.3 38,037.60 6.9 All costs including taxes, 100 percent amortization and interest of total development cost. All costs excluding taxes, amortization, and interest of total development cost. All costs including taxes, excluding amortization and interest of total development cost. 81710-43-3 TABLE VII.-Table reflecting changes in distribution of family incomes for the completed and occupied housing properties of the Alley Dwelling [A-Families with 3 or more minor dependents; B-Families with less than 3 minor dependents] |